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"id": 1285305,
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"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kuria Kimani",
"speaker": null,
"content": "Hon. Chairlady, this proposed amendment provides for the methods of privatisation and seeks to provide clarity on the paragraphs. Most importantly, it provides timelines with regard to timely submission of various documents. It ensures that this Bill is in line with the Public Procurement and Assets Disposal Act. I will give an example. On evaluation of expression of interest (EoI) to a privatisation programme that has been advertised in the local dailies as per the Public Procurement and Assets Disposal Act, the evaluation is required to be completed within seven days. That way, the people responsible can make timely decisions. About Paragraph 9, again, upon closure of the period for submission of the request for proposals, the committee constituted under paragraph 8 shall, within 30 days, evaluate the successfully submitted requests in accordance with the set-out criteria. Paragraph 11 states that upon completion of the evaluation, the Managing Director shall again, within 21 days, submit to the Board a detailed report containing a summary of the evaluation. Paragraph 12 specifies that the recommendation of the Board, together with the draft agreements shall, within seven days, be submitted to the Cabinet for approval. Paragraph 13 states that upon approval by the Cabinet Secretary, the Managing Director shall notify the successful tenderer and concurrently notify the unsuccessful tenderers the outcome of the tender indicating the reasons thereof, again, giving a timeline of seven days. Important decisions of this Republic take years to accomplish such that by the time the Board reaches a decision, even the purpose for which that particular decision was supposed to be made, circumstances, course, and externalities would have changed. This amendment makes sure that the privatisation programme is on time. It ensures that all those involved are given proper timelines in which they need to accomplish all the tasks bestowed on them as per the provisions of this Act. I beg to move."
}